Painter Jonathan W 4

What Happened
Jonathan W. Painter, a director of Kadant Inc. (KAI), received a grant of 513 restricted stock units (RSUs) on 2026-03-11. The award is reported at $0.00 per unit (no cash paid); it is a derivative compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-11; Form 4 filed 2026-03-12 (appears timely).
• Security: 513 RSUs (derivative award) reported at $0.00 per RSU.
• Vesting: Each RSU represents the right to one share and vests in equal installments on the last day of each quarter of the issuer’s fiscal 2026, contingent on continued service as a director. (See footnote.)
• Shares owned after transaction: not specified in the provided filing details.
• Transaction code: A = Award/Grant. No 10b5-1 plan, tax-withholding, or late-filing note included in the filing.

Context
RSUs are a common form of director compensation that convert into shares only upon vesting; they do not represent an immediate purchase or sale. Such grants align long-term interests but are routine corporate compensation and should not be interpreted alone as a market sentiment signal.